Accounting entries for foreign trade enterprises:
I. Accounting:
1. When purchasing goods:
Borrow: Inventory accounts
Borrow: Taxes payable - VAT payable - Input Taxes
Loan: Bank Deposits ? or current account
2, declaration, if the tax rebate rate is 17% then:
Borrow: export tax rebate receivable
Loan: tax payable - export tax rebate
3, if the tax rebate rate is 13% then:
Borrow: export tax rebate receivable ?13%
< p>credit: tax payable---export tax rebate 13%borrow: cost of goods sold 4%
credit: tax payable---input tax transfer
4, when you receive the amount of tax rebate:
borrow: Bank deposits
Credit: export tax rebate receivable
Two, freight accounting:
Foreign freight, foreign insurance premiums: can be based on foreign freight, foreign insurance premiums of the relevant documents and the bank to pay the bill of exchange to indicate the amount of foreign currency converted to Renminbi, the actual data deducted from the revenue of the foreign sales to the red-letter registration of the revenue of export sales.
If the business is handled through a freight forwarder, the actual amount of payment can be deducted from the export sales revenue according to the special invoice for freight forwarding; if the business is settled directly with an insurance company, the actual amount of payment stated in the premium receipt can be deducted from the export sales revenue. Exchange gains and losses are included in the "financial expenses", domestic freight and miscellaneous charges, agency fees are included in the "operating expenses".
Three, foreign trade accounting process
1, foreign currency into the account to retain the write-off of the bank water bill
2, call for write-offs and customs declarations, this time if the factory invoices if there is no need to call for it
3, with the write-offs, customs declarations of the write-offs, the bank water bill of the write-offs to go to the bank to stamp
4, and then the e-port of entry for the write-offs on-line Hand over the single
5, with the write-offs, customs declaration of the cancellation of the joint to the Foreign Affairs Bureau to fill in the form for the write-off
6, will be the write-offs refund joint, customs declaration of the refund of the joint, the form of invoices, factory VAT invoices, invoices, invoices certified list, do the income details to do the binding of the accounts and on the Optimus Prime software to declare a refund of the tax, print the corresponding information.
7, the above information to the tax office.
Extended information:
Mode:
1, reciprocal trade: the buyer undertakes to buy from the seller of goods or services of equal value.
2, exhibition and sale: organized in their own countries and participate in various international expositions or fairs held abroad, focusing on import and export trade for a period of time.
3, processing trade: processing of materials, assembly and processing of samples, known as the "three trade"
4, compensation trade: we buy on credit in the form of imported machinery, equipment and technology, etc., to be put into operation, and then use the products and services produced to repay the principal and interest on the loan. Compensatory trade and processing trade, usually referred to as "three to compensate".
5, technology trade: technology transfer, technology introduction.
Role:
Foreign trade not only connects the countries with high development of commodity production with each other, but also makes the countries and regions with low level of development of production join in the field of exchange through foreign trade.
Money, as a general equivalent, was introduced into their economic life, and the products of the labor of these countries and nations became more and more commodities and exchange-value in nature, and the law of value gradually governed their production.
With the development of the circulation of commodities in various countries into a universal and worldwide circulation of commodities, the functions of gold and silver as the world's money grew. Gold and silver, in addition to having the general means of purchase of money.
It is also used as a means of international payment, international settlement and international credit. With gold and silver into the world's money, the possibility of forming the world price of goods. The formation of world prices indicates the extension of the law of value to the world market.
The basis for comparison of the terms of production and exchange of commodities between countries was established, promoting the development of world production and trade. Through foreign trade, it participates in the international division of labor and saves social labor.
Not only does it enable the resources of each country to be utilized to the fullest, but it also ensures the smooth progress of social reproduction and accelerates the realization of expanded social reproduction.
1, the development of foreign trade, can be mutual exchange, transfer of surplus and shortages, regulating the optimal allocation of resources.
2. The development of foreign trade can save social labor and achieve better economic efficiency.
3, the development of foreign trade, can be absorbed and introduced into the contemporary world advanced scientific and technological achievements, to enhance the country's economic strength.
4, the development of foreign trade, accept the competitive pressure and challenges of the international market, can promote domestic enterprises to continuously update technology, improve labor productivity and the internationalization of products.
Baidu Encyclopedia-Foreign Trade